Markit manufacturing PMI falls

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Markit's flash manufacturing PMI came in at 51.3 for December.

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Economists had estimated, according to Bloomberg, that Markit's flash manufacturing PMI was 52.6.

Markit Economics' previous report confirmed that the manufacturing sector was still reeling from the effects of a strong dollar and low oil prices. The sector contracted in five out of the first ten months of the year, indicated by a reading below 50.

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